By THE PULSE NEWS MEXICO STAFF While Mexican President Andrés Manuel López Obrador (AMLO) has set a deadline of 2024 for the nation to become self-sufficient in gasoline production, the country is severely lagging in the production of premium, high-octane gasoline, used by about 30 percent of all Mexican vehicles. Currently, Mexico’s state-run oil company Petróleos Mexicanos (Pemex) produces only 4
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By KELIN DILLON Though Mexican President Andrés Manuel López Obrador’s (AMLO) under construction Dos Bocas refinery maintains its planned July 1, 2022, launch date, new reports reveal the crude oil processing plant will take more than a year to operate at full capacity, which is anticipated to occur in September of 2023. As per López Obrador’s schedule, the full operations
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) just dealt what might be the final blow to the nation’s energy reform bill, implemented in 2013 by former President Enrique Peña Nieto. On Friday, Oct. 1, he sent this latest electricity reform initiative to Congress, a law which would restrict control of the sector to the
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By KELIN DILLON In the first of a set of constitutional reforms proposed by Mexican President Andrés Manuel López Obrador (AMLO), Mexico’s upcoming electricity reform will see the state-owned Federal Electricity Commission (CFE) collaborate with the country’s private sector on power plants, though the CFE will ultimately own the majority of projects. Within the proposal, the private sector is encouraged
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By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE) reportedly loses some 50 billion pesos per year in electricity profits due to thievery in the form of meter manipulation and illicit hanging cables. The Secretariat of Energy (Sener) has made note of some 5.77 million meters across the country that need updating within the next five years to bring them
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By KELIN DILLON As of Sunday, Aug. 1, a new scheme of price limits on liquified petroleum (LP) natural gas has been enacted throughout Mexico, with the cost cap varying from state to state and within municipalities. Thanks to an initiative by the country’s Secretariat of Energy (Sener), the price limit will be set on a weekly basis by the
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By THE PULSE NEWS MEXICO STAFF Mexico’s Energy Secretariat (Sener) on Tuesday, July 27, ordered the country’s Energy Regulatory Commission (CRE) to put an emergency maximum ceiling on natural gas prices in the face of soaring consumer costs. Sener gave the CRE just three days to establish a new pricing system that would guarantee affordable access for all consumers. In
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By KELIN DILLON Questions have arisen surrounding the capability of Mexico’s state-owned Federal Electricity Commission (CFE) to pay for a proposed six new projects for its infrastructure. The company’s new investment plan would require 62 billion pesos in funding, which would generate an estimated 4,438 megawatts of energy in turn. Now, companies looking to potentially join in on the projects
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By THE PULSE NEWS MEXICO STAFF The leftist government of Mexican President Andrés Manuel López Obrador (AMLO) announced this week that it will now restrict fuel imports to state-run agencies, thus dealing yet another blow to private-sector energy companies. On June 11, the Mexico’s Tax Administration Service (SAT) published a change to its foreign trade rules forbidding private parties from
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By KELIN DILLON Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) was reportedly handed the lucrative operation of the Zama megafield in the Gulf of Mexico on Saturday, July 2, the same day a burst Pemex pipeline caused a huge fireball in the ocean, which attracted attention and criticism worldwide. Discovered in 2017 by private company Talos Energy, the Zama megafield
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